How to beat BRexit price hike rip offs

Premier foods price hikes and shrinking size products have caused anger

You may already be a savvy shopper but if you are not BRexit will likely change that. If it does not expect to be worse off financially.

Little in real EU exit terms has happened since a majority in the UK voted for the country to leave the European Union but a lot has happened with prices.

Tuesday it was announced that APPLE were hiking the price of their apps up by 25% but if consumers stop purchasing expect a re-think.

But what about food, energy, the basics and the usual luxuries of life?

Becoming a savvy shopper is easy and may help your finances weather a BRexit price hike storm.

• ​Shop around. It may be convenient shopping at one location but it could be costly.
• If you use internet supermarket shopping make sure you use the cheapest delivery slot.
  
• Remember to cost in travel costs. If you are paying through the nose for vehicle costs to access cheaper shopping are you really getting value for money? You may be but work it out just in case.
• Cut transport costs by walking or cycling when possible. Your health will benefit and so will the environment. Just make sure you do not compromise your safety.
• Pay attention. No more blind shopping. Compare prices and check weights too when you grocery shop.
  
• If your usual brand has increased in price switch to one that is better value for money.
• Try new products, that is products that are new to you. We are all boring shoppers at times simply sticking to the tried and tested limited goods. Get inventive instead.
• Switch energy, insurance, telephone, internet and banking services for the best deal available.
• Make sure you are always getting the best and latest energy deal. If you regularly use public transport buy a season or saver ticket.
• If a product you regularly use has an unnecessary price hike do not buy. There is usually a cheaper alternative.
• Stay on step ahead of supermarkets. Check prices online before you shop.
• Switch brands.
• Watch out for products that do not increase in price but may have shrunk in size.
• Buy in bulk if it will save you money but make sure the product is not time sensitive and will end up binned.
• Minimise waste in your home.

Savvy shopping is simply a common sense approach.

It harks back to the days of "look after the pennies and the pounds will look after themselves."

You do not have to become tight or a greedy penny-pincher but rather a sensible savvy shopper who knows the value of money and what it buys.

This approach could keep the wolf from your door during tough financial times.

http://www.moneywise.co.uk/household-finances/shopping/10-ways-to-be-savvy-shopper
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